Investing.com – Nigeria equities were lower at the close on Monday, as losses in the Insurance, Oil & Gas and Banking sectors propelled shares lower.
At the close in Lagos, the NSE 30 declined 0.39%.
The biggest gainers of the session on the NSE 30 were Union Bank LG (LAGOS:UBN), which rose 3.99% or 0.23 points to trade at 6.00 at the close. Dangote Flour Mills PLC (LAGOS:DANGFLOUR) added 3.29% or 0.21 points to end at 6.59 and Fbn Holdings (LAGOS:FBNH) was up 1.81% or 0.110 points to 6.200 in late trade.
Biggest losers included Total Nig (LAGOS:TOTAL), which lost 5.00% or 12.45 points to trade at 236.55 in late trade. Wapco (LAGOS:WAPCO) declined 3.16% or 1.99 points to end at 61.01 and Fidelitybk (LAGOS:FIDELIT) shed 2.24% or 0.030 points to 1.310.
Declining stocks outnumbered rising ones by 53 to 30 and 7 ended unchanged on the Lagos.
In commodities trading, Crude oil for September delivery was down 1.84% or 0.90 to $47.92 a barrel. Meanwhile, Brent oil for delivery in October fell 2.02% or 1.05 to hit $51.05 a barrel, while the December Gold Futures contract fell 0.31% or 3.95 to trade at $1290.05 a troy ounce.
EUR/NGN was up 0.51% to 431.900, while USD/NGN rose 0.09% to 365.500.
The US Dollar Index Futures was up 0.27% at 93.24.